Spin-Off of Scripps Networks Interactive, Inc.

6 Months Ended

Jun. 30, 2011

Spin-Off of Scripps Networks Interactive, Inc. [Abstract]

SPIN OFF-OF SCRIPPS NETWORKS INTERACTIVE, INC.

15. SPIN-OFF OF SCRIPPS NETWORKS INTERACTIVE, INC.

On July 1, 2008, we distributed all of the shares of Scripps Networks Interactive, Inc. (“SNI”) to shareholders of record as of the close of business on June 16, 2008. SNI owned and operated our national lifestyle cable television networks and interactive media businesses.

SNI reimbursed us $6 million in the first half of 2010 for its share of estimated taxes prior to the spin-off under the Tax Allocation Agreement.

At June 30, 2011 and December 31, 2010, we owed SNI $7.5 million for its share of tax refund claims for prior years. The amounts will be paid to SNI when the tax refunds to which they relate are received from the tax authorities.